Site icon

H-1B visa holders get the highest pay in the United States

H-1B visa holders are among the highest paid workers in the United States

Cato Institute in the US, revealed that the H-1B visa holders get the highest pay in the USA. The percentile of the wages is 90. This means that the paychecks that H-1B holders receive are rated among the top ten percent of the earners in the USA.

DHS has revealed that in 2021, the average wage that the H-1B visa holders were getting was $108,000. Comparatively, the median wage of all the US workers was $45,760 in 2021. The growth of H-1B wage led to the growth of H-1B workers.

H-1B wages are on rise

The growth of H-1B wage between 2003 and 2021 was 52 percent. The wage growth of the US workers in the same period was 39 percent. This is the first time that the H-1B wage growth rose up to 90 percentile. DHS has launched its H-1B lottery in which 85,000 work visas were given to high skilled foreign workers.

There is no data regarding the number of immigrants, but the demand of H-1B visa has gone beyond the cap. For the fiscal year of 2022, the number of H1-B registrations was 308,613, while the number of visas available was 85,000. The largest recipients of these visas were Indian IT companies.

Are you looking to Migrate to the USA? Talk to Y-Axis, the world’s no. 1 overseas immigration consultant.

Also Read: Skilled Indians have a 90 year wait for green cards, the Jumpstart Bill seeks to resolve this.
Web Story: H-1B’s holders are the highly paid workers in the USA

Exit mobile version